A Company That Intended to Maintain Low-End Pricing Policies to Make

question 110

Multiple Choice

A company that intended to maintain low-end pricing policies to make the market unattractive for its competitors is pursuing a/n ________ pricing objective.

• A)break-even
• B)profit
• C)competitive effect
• D)image enhancement
• E)sales or market share

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Definitions:

World System Theory

A multidisciplinary, macro-scale approach to world history and social change that suggests there is a world economic system in which some countries benefit while others are exploited.

Peripheral Country

A term used in world-systems theory to describe countries that are less developed economically and are often exploited by more developed core countries through trade and labor.

Core Country

Nations that are economically developed with a high standard of living and significant influence on global economic and political decisions.

Enbridge Pipeline

A comprehensive network of pipelines operated by Enbridge, Inc., used to transport crude oil and natural gas across North America.